OPEC is willing to do anything to reach $60 a barrel, The Saudis are now producing 9.8 Million barrel a day and Russia has reduced its daily output by 150,000.
Ripple is an undervalued banking coin. Its partnered with American express It has expansion potential in China now Ripples has finished being mined, all of the 100 billion coins are in circulation now. This should lead to higher prices
Bitcoin is undervalued and has been in a bearish trend thanks to the short term technical analysis traders. Making it a great time to buy now, has we seen in 2018 the yield for bitcoin will return this year hence increase the demand and price. (This is a long term trade) With the increase in bitcoin use in unstable countries like Venezuela shows that the its...
The Aussie dollar is undervalued and oversold, the bulls have been selling off on the rallies 2 early and only looking at technical analysis. With the increase in Ore, Gold and Lithium prices this should help the RBA reach its inflation and wage targets. RBNZ is expected to hold rates at 1.75 for 2019-20
US dollar will continue to strengthen next quarter CPI numbers should be better due to the low inflation = increasing consumers purchasing power = price growth will increase = increase inflation = FED will look at rising rates = strengthening the U.S Dollar
A downside move that will push below $1311.55 will put pressure on the bulls, with no real support until $1307.30 Do not open short position if the price pushes above 1314.50, wait for a Strong resistance level